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UCSF Foundation Investment Company

601 California St Ste 801, San Francisco, CA, 94108, United States

Overview

Established in 2015, the UCSF Foundation Investment Company provides professional stewardship of the UCSF Foundation’s financial assets and an endowment now valued at more than $1.5 billion. The endowment facilitates UCSF’s work in education, scientific research, patient care, and public health. The non-profit UCSF Investment Company is led by its chief investment officer and governed by the Investment Company Board, which comprises selected volunteer leaders from the UCSF Board of Overseers as well as external investment and business experts.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Education
  • Financial Services
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Investment portfolio

  • Hazel Health

    Participated · Series C · Oct 2022

    Hazel Health provides school-based telehealth and teletherapy, partnering with school districts and health plans to deliver virtual pediatric care in school and at home. Its licensed providers deliver teletherapy and virtual care to over four million K-12 students regardless of ability to pay. The company aims to remove barriers to mental and physical health care by integrating services into the K-12 education system. UnitedHealthcare Community & State of Iowa announced a $1.5 million investment to help Hazel partner with Iowa school systems and build the technological infrastructure needed to bring mental health services to students. After the first phase of infrastructure building, Hazel therapists will begin providing services in August, with confirmed districts including Des Moines, Council Bluffs and Cedar Rapids. The Iowa expansion is expected to impact approximately 100,000 students in historically underserved and rural communities. Hazel Health delivers school-based telehealth services, partnering with school districts to provide mental and physical health care to students at school or at home. The company deploys a diverse, culturally competent provider network that works with parents and school staff to make care decisions. Hazel is led by CEO Josh Golomb and Chief Health Officer Dr. Travis Gayles. It has expanded to 14 states and is contracted to provide services to nearly 2.5 million students in more than 3,000 schools. The company says it consistently delivers improved access and quality of care. Hazel intends to use the new funding for continued product innovation and growth. Hazel Health delivers school-linked telemedicine and remote-care services to children, partnering with districts to provide on-site iPad telehealth access and a Hazel at Home service. Founded five years ago by Nick Woods, the company expanded rapidly after COVID-19 to support distance-learning students. It now works with districts responsible for nearly 1.5 million children, growing from about 300,000 pre-COVID. Enrollment and engagement metrics are strong: roughly 90% of eligible families have enrolled and 70% have engaged with services; nearly 40% of users report they don’t have a primary care physician. Hazel has been developing remote telemedicine applications to continue serving students during lockdowns and to expand statewide. The company intends to use new funding to expand its footprint across the U.S., invest in product capabilities to support larger volumes, and support families and district partners.

Team

No current team members are available.